Baack Sara 4
Research Summary
AI-generated summary
Euronet (EEFT) Director Sara Baack Receives Stock Award
What Happened
Sara Baack, a director of Euronet Worldwide, received a grant of 2,556 common shares under the company's 2006 Stock Incentive Plan on 2026-05-21; the award vested immediately. To satisfy tax withholding obligations tied to the vesting, 1,008 of those shares were surrendered to Euronet at $66.50 per share, representing $67,032. The grant itself shows a $0 acquisition price in the filing (award), while the surrender is reported as a disposition for tax withholding.
Key Details
- Transaction date: 2026-05-21; Form 4 filed 2026-05-26 (appears filed after the typical two-business-day Form 4 window).
- Award: 2,556 shares granted (Code A), vested immediately (Footnote F1). Reported acquisition price: $0.00.
- Tax withholding: 1,008 shares surrendered to the company (Code F) at $66.50/share = $67,032 (Footnote F2).
- Shares owned after transaction: not specified in the provided filing excerpt.
- No 10b5-1 plan or other trading plan noted in the provided data.
Context
This was an equity award that vested and was partly net-settled (shares surrendered) to cover tax withholding — a routine, administrative disposition rather than an open-market sale. Such net withholding is common and does not necessarily indicate a deliberate sell decision by the insider.